Fidelity Msci Financials Etf Performance
| FNCL Etf | USD 72.47 0.79 1.10% |
The etf shows a Beta (market volatility) of 1.32, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fidelity MSCI will likely underperform.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Fidelity MSCI Financials are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite quite weak fundamental indicators, Fidelity MSCI disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Tidal Financial Group Launches GammaRoad Market Navigation ETF in Strategic Partnership With GammaRoad Capital Partners - Business Wire | 09/17/2024 |
2 | KKM Financials Essential 40 stock fund is now an ETF - CNBC | 10/21/2024 |
3 | Should You Invest in the Fidelity MSCI Financials Index ETF | 10/28/2024 |
4 | FIRE Funds Launch First Suite of ETFs Tailored to the Financial Independence, Retire Early Community - GlobeNewswire | 11/19/2024 |
| In Threey Sharp Ratio | 0.22 |
Fidelity |
Fidelity MSCI Relative Risk vs. Return Landscape
If you would invest 6,278 in Fidelity MSCI Financials on August 27, 2024 and sell it today you would earn a total of 969.00 from holding Fidelity MSCI Financials or generate 15.43% return on investment over 90 days. Fidelity MSCI Financials is currently generating 0.2313% in daily expected returns and assumes 1.1837% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than Fidelity, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Fidelity MSCI Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity MSCI's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity MSCI Financials, and traders can use it to determine the average amount a Fidelity MSCI's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1954
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FNCL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Fidelity MSCI is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity MSCI by adding it to a well-diversified portfolio.
Fidelity MSCI Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity MSCI, and Fidelity MSCI fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Etf performance.
| Price To Earning | 15.44 X | |||
| Price To Book | 1.31 X | |||
| Price To Sales | 2.29 X | |||
| Total Asset | 1.39 B | |||
About Fidelity MSCI Performance
By examining Fidelity MSCI's fundamental ratios, stakeholders can obtain critical insights into Fidelity MSCI's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fidelity MSCI is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund invests at least 80 percent of assets in securities included in the funds underlying index. Fidelity Financials is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: FIRE Funds Launch First Suite of ETFs Tailored to the Financial Independence, Retire Early Community - GlobeNewswire | |
| The fund retains 99.66% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity MSCI Financials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Fidelity MSCI Financials is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity MSCI's value that differs from its market value or its book value, called intrinsic value, which is Fidelity MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity MSCI's market value can be influenced by many factors that don't directly affect Fidelity MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.